Page 87 - Sport Culture and the Media
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68   || SPORT, CULTURE AND THE MEDIA


                         to the fore. In this way, no artificial separation can be maintained between the
                         ‘light’ sphere of culture and symbols and the ‘heavy’ world of economics and
                         material objects. Instead, culture, social relations and economics can be seen –
                         as is entirely appropriate under conditions where the economies and social
                         structures of advanced capitalist societies are becoming increasingly dependent
                         on cultural processes  – to be inextricably linked in a manner that defies a
                         simple equation involving arrows pointing in a single, determining direction.
                         The sphere of culture is now more than ever where the key economic processes
                         of production, distribution and exchange take place. At the same time, cultural
                         production is always directly or indirectly, currently or potentially, connected to
                         the world of making products, supplying services and generating profits.
                           I have argued here that the media are both the driving economic and cultural
                         force in sport because they provide (or attract) most of the capital that in turn
                         creates and disseminates the images and information, which then generate more
                         capital and more sport, in an ascending spiral. Booms in capital accumulation
                         are periodically subject to dramatic busts, as the 1987 Wall Street crash,
                         the 1997 ‘meltdown’ of the Asian ‘tiger economies’ and the 2000 ‘dot.bomb’
                         demonstrate. There has been no such dramatic contraction of the media sports
                         economy in general, but its seemingly unstoppable momentum slowed not
                         long after the new century was born (and as the first edition of this book was
                         published!). I will discuss below some of the latest twists and turns in media
                         economics, but the chapter will inevitably reflect the extraordinary growth of
                         media sport rather more than its current difficulties. As Toby Miller (1999: 115)
                         has argued, expenditure on sport has heretofore seemed immune to  ‘con-
                         ventional business cycles’ and ‘has grown through most recessions’. In recent
                         memory, therefore, words like downswing and contraction have found little
                         expression in the lexicon of the media sports cultural complex. It has been
                         difficult, therefore, to question the ‘article of faith for broadcasters that sports
                         programming was a river of gold’ (Maiden 2002: 33). But nothing undermines
                         business faith more than the arrival of the receivers and the administrators,
                         as has occurred in such high-profile media sport cases (discussed later in the
                         chapter) as KirchMedia, XFL, C7 and ITV Digital.
                           The fortunes of individual sports and also of media companies can, in the
                         ordinary course of things, shift rapidly in response to the involvement of
                         sponsors, crowd attendance and TV ratings, broadcast rights, and so on. It is
                         useful, then, to appraise the major forces in media sport, the ways in which they
                         cooperate and conflict, and the consequences of this economic activity for sport
                         and the wider society and culture. If no single party can be said to dominate the
                         media sports cultural complex or to control its ‘image bank’, it can hardly be
                         denied that the presence of major economic entities has resulted in far-reaching
                         changes to the sport we see and read about, and to the culture in which it is
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